Rolling Stone contributing editor Matt Taibbi sounded off on Republican Presidential nominee Mitt Romney on HuffPost Live Thursday.
Taibbi took on what he described as Romney's hypocritical stance on the nation's deficit given Romney's private equity background, the subject of his recent Rolling Stone article.
"I remember listening to these speeches and then looking around at the press corps and at everybody else and wondering, 'How is it that nobody's bringing up the fact that this guy was a leveraged buyout expert?'" Taibbi told HuffPost Live's Ahmed Shihab-Eldin. "This is how he made his fortune. What is leverage? Leverage is debt. What this guy did for a living is he borrowed money that other people had to pay back."
Taibbi said that the Romney campaign is "trying to make [the election] a referendum on the irresponsibility of the Obama administration" because conversation about the national debt "really strikes a chord with a lot of ordinary Americans who "don't understand how deficit spending works."
Taibbi stopped short of calling Romney a liar, instead saying he "has a casual relationship with truth and reality." But he predicted that Romney would lose to Obama because "ultimately people are going to have a hard time getting behind somebody who fires people for a living and somebody who wants to take away Medicare."
Watch the full segment below.